Crawfordsville to gain 300 book publishing jobs

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CRAWFORDSVILLE, Ind. - Book publisher Penguin Random House LLC has announced plans to consolidate a major portion of its U.S. distribution and fulfillment operations in the west central Indiana city of Crawfordsville, creating up to 313 new jobs by 2016.

The New York-based company will expand its Crawfordsville operations by 350,000 square feet to 1 million square feet total. The expansion scheduled to be operational by October will allow the company to double annual book shipments.

The Indiana Economic Development Corp. says it offered Penguin Random House up to $700,000 in conditional tax credits and up to $100,000 in training grants based on the company's job-creation plans. The city of Crawfordsville approved additional incentives at the request of Montgomery County Economic Development Inc.

The company plans to begin hiring in August.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.